Calculate the ROA for each company

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Reference no: EM132748135

Question - Here is financial information for three businesses:

 

VENTURE XA

VENTURE YB

VENTURE ZC

After-tax profit margin (Net Profit Margin)

18%

15%

12%

Asset Turnover

2.5

2

1.5

Required -

a. Calculate the ROA for each company.

b. Which businesses represent the strongest entrepreneurial business opportunities? Provide an explanation of your choice.

Reference no: EM132748135

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